OPEC Won’t Cut Drilling, and Prices Plunge 5%
A variety of factors is behind the price drop, analysts say, but OPEC’s decision on Friday not to tinker with its output, which is now at near-record levels, sent prices into a collapse. [Source]
Publication Date:Origin: nytimes.com
Category: Organization of the Petroleum Exporting Countries
Topics: collapse, prices, levels, near-record, which, output, tinker, decision, OPEC’s, analysts, price, behind, factors, variety, Plunge, Prices, Drilling, Won’t